§ Mr. Willie W. Hamiltonasked the Chancellor of the Exchequer what gross unearned income would be needed to provide a net annual income of £200,000, £400,000, £500,000 and £600,000, respectively, assuming the taxpayer is married with two dependent children aged under 11 years; and what were the comparable figures in each of the last four years.
§ Mr. MooreThe information for a married man with two dependent children is in the table, which assumed that no tax relief or allowance, other than the married man's allowance, is available. Figures have been rounded to the nearest £10.
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Net income after tax and child benefit £ Gross Investment Income (£) 1980–81 1981–82 1982–83 1983–84 1985–85 200,000 769,270 769,000 764,790 759,880 475,950 400,000 1,569,270 1,569,000 1,564,790 1,559,880 975,950 500,000 1,969,270 1,969,000 1,964,790 1,959,880 1,225,950 600,000 2,369,270 2,369,000 2,364,790 2,359,880 1,475,950